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The information below was extracted from the books of Lemayian Traders for the year ended

The information below was extracted from the books of Lemayian Traders for the year ended 31. 12. 2015
Opening stock......................... 45,000
Closing stock .........................15,000
Turnover............................... 340,000
Margin.................................. 25%
Required:
(i) Gross profit
(ii) Purchases

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sharon
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sharon kalunda answered the question on September 2, 2019 at 10:49

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